In November of 2004, Speaker Dennis Hastert announced that the House would no longer allow bills to be voted on unless they were supported by a majority of Republicans. Thanks to the so-called Hastert Rule, the test of whether or not to allow members of the House to vote on a bill was no longer… Continue reading A Majority of Congress Supports Dreamers
Category: Law and Politics
Financial Freedom for People With Disabilities
The Stephen Beck Jr. Achieving a Better Life Experience Act (ABLE Act) allows people with qualifying disabilities to establish tax-free financial accounts. I’m going to answer the questions I had about ABLE accounts when I began researching them. When I discovered what I am going to share with you, I couldn’t wait to create my… Continue reading Financial Freedom for People With Disabilities
Stock Increases Mostly Benefit the Wealthy
According to a poll conducted by Gallup in 2017, only 54 percent of Americans had any money invested in the stock market. In September of 2017, the Federal Reserve said that 51.9 percent of Americans owned stock in 2016. These numbers include investments like 401Ks and IRAs.
What the GOP Tax Bill Means to You
Republicans have released the final version of their tax bill. This post will focus on what I think you should know. If you have any questions, please feel free to comment.
Michael Flynn’s Russia Timeline
Michael Flynn, Trump’s former national security adviser, has pleaded guilty to lying to the FBI. Flynn’s lies involve phone calls he had with Russia’s former ambassador to the United States Sergey Kislyak.
Summarizing Michael Flynn’s Guilty Plea
Michael Flynn, Trump’s former national security adviser, has pleaded guilty to one count of lying to the FBI. Under 18 U.S. Code, Section 1001, lying to the FBI carries a sentence of up to five years in prison and/or a fine.
CFPB has Recovered Billions for Consumers
The Consumer Financial Protection Bureau (CFPB) has been operating for seven years. During that time, it has recovered 12 billion dollars for nearly 30 million Americans.
Republican Tax Bills Could cost Medicare Billions
If Republicans pass either of their tax bills, Medicare and a host of other federal programs will face automatic spending cuts. Medicare would be facing a cut of 28 billion dollars in 2018.
Taxes and the Penalty for not Having Health Insurance
As a part of its tax bill, the Senate is proposing to repeal the tax penalty currently paid by people without health insurance. According to the Congressional Budget Office (CBO), repealing the penalty will save 338 billion dollars over 10 years.
Expelling a Senator
Article I, Section 5 of the Constitution gives each branch of Congress the right to expel members.